Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/22972 
Kompletter Metadatensatz
DublinCore-FeldWertSprache
dc.contributor.authorvon Hagen, Jürgenen
dc.contributor.authorKube, Sebastianen
dc.contributor.authorSelten, Reinharden
dc.contributor.authorPope, Robinen
dc.date.accessioned2009-01-29T15:11:31Z-
dc.date.available2009-01-29T15:11:31Z-
dc.date.issued2006-
dc.identifier.urihttp://hdl.handle.net/10419/22972-
dc.description.abstractConclusions favorable to flexible exchange rates typically accord with expected utility theory in ignoring the costs that exchange rate uncertainty generates for governments, central banks, firms and unions in: (i) choosing among acts; and (ii) existing until learning the outcome of the chosen act. Allowing for these involves SKAT, the Stages of Knowledge Ahead Theory, Pope (1983, 1995, 2005), Pope, Leitner and Leopold (2006). A laboratory experiment suggests that (i) and (ii) together outweigh the advantages of having a flexible exchange rate as an additional instrument for managing a country?s international competitiveness goal.en
dc.language.isoengen
dc.publisher|aUniversity of Bonn, Bonn Graduate School of Economics (BGSE) |cBonnen
dc.relation.ispartofseries|aBonn Econ Discussion Papers |x28/2006en
dc.subject.jelF33en
dc.subject.jelD80en
dc.subject.jelD81en
dc.subject.jelF31en
dc.subject.ddc330en
dc.subject.keywordexchange rate regimeen
dc.subject.keywordexchange rate uncertaintiesen
dc.subject.keywordcurrency unionen
dc.subject.keywordmacro-economic instrumentsen
dc.subject.keywordexperimenten
dc.subject.keywordSKATen
dc.titleExperimental Evidence on the Benefits of Eliminating Exchange Rate Uncertainties and Why Expected Utility Theory causes Economists to Miss Them-
dc.typeWorking Paperen
dc.identifier.ppn525262067en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:bonedp:282006-

Datei(en):
Datei
Größe
785.85 kB





Publikationen in EconStor sind urheberrechtlich geschützt.